71 Unit Renovated Multifamily Investment Opportunity in Downtown San Diego - East Village

For Sale

509 Park Blvd, San Diego, CA 92101

This San Diego property for sale is located at 509 Park Blvd. The current listed sale price for 71 Unit Renovated Multifamily Investment Opportunity in Downtown San Diego - East Village is $21,970,000. 71 Unit Renovated Multifamily Investment Opportunity in Downtown San Diego - East Village is situated on a lot that is 16,610 square feet in size.

Contacts

broker
Peter Scepanovic
broker
Corey McHenry

Property Details

  • Property Type Other
  • Property Size 32,750 SF
  • Lot Size 16,610 SF
  • Year Built 1869
  • Date Updated Jul 2, 2025

Extensively Renovated! 509 Park is a 71-unit, 32,750-square-foot multifamily property in Downtown San Diego’s East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio apartments with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building’s historic character while adding modern amenities.509 Park features spacious studio apartments with private kitchens and bathrooms, offering a perfect blend of classic elegance and modern functionality. The property is designated as an SRO with the San Diego Housing Commission with substantial Mills Act tax benefits. Please contact brokers for Offering Memorandum.

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Getting around

  • 98/100

    Walk Score ®

  • 81/100

    Transit Score ®

  • 83/100

    Bike Score ®

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Location

  • City San Diego, CA
  • Neighborhood East Village
  • Zip Code 92101
  • Market San Diego

Points of Interest

  • Park & Market

    0.02 miles

  • City College

    0.39 miles

  • Gaslamp Quarter

    0.45 miles

  • Civic Center

    0.66 miles

  • Courthouse

    0.83 miles

  • 25th/Commercial

    0.86 miles

  • Seaport Village

    0.88 miles

  • Barrio Logan

    0.96 miles

  • Santa Fe Depot

    1.05 miles

  • County Center/Little Italy

    1.21 miles

  • Top tier Gasoline

    0.26 miles

  • Arco

    0.28 miles

  • Petromerica

    0.30 miles

  • Blink

    0.36 miles

  • Shell

    0.55 miles

  • San Diego - A Street Supercharger

    0.68 miles

  • Chevron

    1.04 miles

  • ChargePoint Charging Station

    1.20 miles

  • 76

    1.37 miles

  • Mobil

    1.44 miles

  • Padres Parcade

    0.11 miles

  • San Diego Central Library Parking

    0.15 miles

  • 8th & G

    0.24 miles

  • 633 Seventh Ave Parking

    0.27 miles

  • Park It On Market

    0.32 miles

  • MTS AutoPark

    0.35 miles

  • 6th and K Parkade

    0.37 miles

  • PS 200

    0.42 miles

  • Ace Parking

    0.51 miles

  • Hilton Bayfront Parking Garage

    0.52 miles

  • Hotel Indigo

    0.16 miles

  • Margaritaville Hotel San Diego Gaslamp Quarter

    0.31 miles

  • Hotel Z - A Piece of Pineapple Hospitality

    0.32 miles

  • Courtyard San Diego Gaslamp/Convention Center

    0.32 miles

  • Comfort Inn Gaslamp Convention Center

    0.33 miles

  • San Diego Marriott Gaslamp Quarter

    0.34 miles

  • Pendry

    0.37 miles

  • Hostelling International San Diego

    0.37 miles

  • Residence Inn San Diego Downtown/Gaslamp Quarter

    0.37 miles

  • ANdAZ San Diego

    0.38 miles

  • Grocery Outlet

    0.12 miles

  • Albertsons

    0.13 miles

  • Smart & Final

    0.21 miles

  • Ralphs

    0.58 miles

  • Ross

    0.60 miles

  • Walmart Neighborhood Market

    0.63 miles

  • Northgate Market

    0.95 miles

  • The Market By Buon Appetito

    1.16 miles

  • Little Brazil Market

    1.38 miles

  • Assenti's Pasta

    1.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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